If Andrew Cuomo and the Unions could read and write and think and bet, they would see that NY PML Sec 105 violates the rights of betting union members secured by NY Const. Art. 1, Sec. 3. NY PML Sec 105 does not even apply to the OTBs, public benefit corporations, and violates the rights of betting Greek Union Members. I suggest Kevin McCaffrey, Cuomo and Sheldon Silver pray while those of us that wish to work and/or bet at OTBs do so before any more of them go bankrupt.
If you want to see cash flow games take a careful look at the finances of Teamsters Local 707 before and after the forceful acquisition of Local 858 members "union dues." You remeber Local 858? It represented the dearly bankrupt NYC OTB Managers (& Nassau OTB employees). Alas the good old days when Barry Yomtov formerly President of Teamsters Local 857 (now Local 707 Business Agent) received DOUBLE TIME for working on any Sunday.
Open all NY OTBs 365 days of the year so that bettors can bet and workers may work if they wish before they go to bankruptcy heaven.
Unions ‘tier’ into gov on pensions
Last Updated: 4:34 AM, March 9, 2012
Posted: 2:35 AM, March 9, 2012
PrintPENSION EXPLOSION
Cuomo called his Tier VI pension proposal a “vital part” of the state budget.
“If we come to a resolution with the Legislature, fine,” said Cuomo, with the April 1 state-budget deadline looming.
“Otherwise, the alternative mechanism is through extenders,” he said, referring to emergency spending bills that could force recalcitrant lawmakers to choose between his pension plan and a government shutdown.
AD BLITZ: The state AFL-CIO is launching a $1 million ad campaign in an bid to turn the tide against Gov. Cuomo’s pension-cut plan.
Meanwhile, the state Senate’s Republican majority said it would include pension reforms in its own budget proposal next week, though officials would not elaborate.
But the Democratic-controlled Assembly isn’t expected to include the Cuomo plan in its spending proposal — a signal that it’s siding with the labor unions.
Assembly Speaker Sheldon Silver (D-Manhattan) has told Cuomo to “work out” a deal with labor leaders instead of lawmakers.
Cuomo responded, “If the Legislature requires acquiescence [from the unions], it [pension reform] will not happen.”
He claims that the government would save $113 billion over 30 years through his plan to require future public workers to contribute more toward their pensions, retire at an older age and be vested after more years of service, be barred from padding their retirement-payout calculations with overtime and be offered a 401(k)-style “defined contribution” plan as an alternative to a traditional “defined benefit” pension.
Several business groups wrote the leaders of the Legislature, urging them not to drop the 401(k) component from Cuomo’s proposal — as the governor himself has hinted he might.
Cuomo says the 401(k) option would save just $8 billion of the $113 billion in projected savings.
For its part, the powerful, 2.5 million-member AFL-CIO announced a TV advertising campaign starting today to defeat Cuomo’s pension proposal.
Sources put the ad buy at more than $1 million and said the campaign would run until the state budget is adopted.
“Wall Street, big banks and corporate CEOs have teamed up with some politicians in Albany to slash pensions of working New Yorkers . . . by 40%! . . . Don’t let it happen,” one ad states.
A conservative think tank, the Empire Center for New York State Policy, disputed labor’s claim and put the pension reduction at 17 percent. Cuomo’s Budget Division agreed with the lower figure.
Meanwhile, Lillian Roberts, executive director of public-employee union District Council 37, likened the pension-cut plan of Cuomo, a Democrat, to those pushed by “right-wing Republicans’’ to privatize Social Security.
erik.kriss@nypost.com
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